9 Articles
9 Articles
With SpaceX’s stock market debut, Elon Musk became the world’s first trillionaire; he is worth more than a thousand billionaires all by himself. And all thanks to…
HOT STOCK: SpaceX IPO is making even its welders rich
A welder named Juan Hernandez joined SpaceX in 2015 at $28 an hour. He took stock instead of a fatter paycheck. The day the company was listed, those shares were worth about $880,000.He has company. More than 4,000 current and former SpaceX employees became millionaires when the company began trading on the Nasdaq at $135 a share. The valuation hit $1.77 trillion, the seventh-largest public company and ahead of Tesla. It was the biggest IPO ever…
SpaceX's IPO has not only made Elon Musk the first billionaire – but also 4,400 employees as millionaires. Among them: a welder who works for the competition today.
Why Elon Musk's Real Net Worth is Estimated At $230-$270 Billion After SpaceX IPO
Conflicting figures continue to circulate around Elon Musk’s wealth, with most major trackers reporting numbers in the hundreds of billions to over a trillion dollars. A new analysis from Congress.net puts his realistically liquid net worth at between 230 and 270 billion dollars, a figure substantially lower than the headline estimates currently making the rounds. The discrepancy stems from how wealth trackers calculate figures for individuals w…
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